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HomeMy WebLinkAboutCity Council Resolutions (R-12-3560)-11/20/2012RESOLUTION R-12-3560 A RESOLUTION APPROVING A CITY/DEVELOPER AGREEMENT BETWEEN TOLL BROTHERS, INC. AND THE CITY OF COLLEYVILLE FOR THE CONSTRUCTION OF EMERGENCY ACCESS GATES IN THE OLD GROVE ADDITION AND BROUGHTON ADDITION AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT WHEREAS, Section 1(2) of Resolution R-12-3546, approved by the City Council on October 1, 2012, requires that Toll Brothers, Inc. and its affiliates shall submit for City Council consideration, a City/Developer Agreement (CDA), whereby Toll Brothers and its affiliates agrees to fund, either all, or in part, and construct new emergency access gates, in place of the existing gates in the Broughton Addition and the Old Grove Addition, and; WHEREAS, Toll Brothers, Inc. has agreed to the terms of said agreement in accordance with Resolution R-12-3546. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the CDA between Toll Brothers, Inc. and the City of Colleyville for the construction of emergency access gates in Old Grove Addition and Broughton Addition, attached as Exhibit ~~A", is hereby approved. Sec. 2. THAT the CDA shall be executed upon the signature of the city manager. AND IT IS SO RESOLVED. PASSED BY A VOTE OF ~ AYES, ~"' NAYS AND ~ ABSTENTIONS ON THIS THE 20T" DAY OF NOVEMBER 2012. CITY OF COLLEYVILLE ~~`' David Kelly Mayor ., .. City Secretary Exhibit "A" City of Colleyvilie City/Developer Agreement for Construction of Emergency Access Gates by Toll Brothers That, Toll Brothers, Inc. and its affiliates, hereinafter called "Developer" and the City of Colleyville, Tarrant County, Texas, hereinafter called "City", enters into the following agreement (The "Agreement"), which shall become effective on November 20, 2012. Whereas Resolution R-12-3546, approved by the Colleyville City Council on October 1, 2012, Section 1(2) states the following: "Prior to issuance of a permit to install the emergency access gates allowed by this resolution, Toll Brothers, Inc. and its affiliates shall submit for City Council consideration, a City/Developer Agreement (CDA), whereby Toll Brothers and irs affiliates agrees to fund, either all, or in part, and construct new emergency access gates, in place of the existing gates in the Broughton Addition and the Old Grove Addition, within an agreed upon time frame by both Toll Brothers, Inc. and the City of Colleyville. The new gates shall, at a minimum, meet the requirements of Section 14-138 in the Land Development Code. If the CDA mentioned in this section is not approved by the City Council within 90 days from the date of this resolution, then this resolution shall exprre. " NOW, THEREFORE, for and in consideration of the conditions of Resolution R-12-3546, the City and Developer agree to the following terms: 1. The Developer agrees to construct a new emergency access gate at John McCain Road within the existing emergency access easement located within Block E, Old Grove Addition. Said gate shall meet all requirements of the Land Development Code including but not limited to Section 14- 138. 2. The Developer agrees to construct a new emergency access gate at Sanders Lane, Wyatt Drive and Burnham Circle within the existing emergency access easement located within Lots 50 and 51, Block A, Broughton Addition. Said gate shall meet all requirements of the Land Development Code including but not limited to Section 14-138. CitylDeveloper Agreement for Toll Brothers Page 1 Exhibit "A" 3. Prior to construction of said gates, the developer shali submit a copy of the construction bid/cost and gate schematics for said gates for approval by the city manager or her designee. Once approved, gate construction may commence. Upon completion of said gates and a final, approved inspection by the City, the City agrees to waive the building permit fees for any new homes built by Toll Brothers, Inc. such that the total fee waiver(s) shall not exceed a total of 50% of the construction cost for the two gates mentioned above. However, the total amount of building permit fees waived by the City shall not exceed $25,000.00 for both gates combined. Said fee waivers shall take effect for all new home permits submitted by Toll Brothers, Inc. upon approval of the final gate inspection by the City. Said fee waiver shall apply to each consecutive new home permit for Toll Brothers, Inc. until the 50% threshold described above is met; at which time all permit fee waivers as described in this section shall cease. 4. The two emergency gates mentioned above shall be constructed and approved within 180 days of the approval date of this Agreement by the City Council. If said gates are not constructed and approved within the required 180 days, then this agreement, and Resolution R-12-3546, shall become null and void. This Amendment is duly executed by the parties hereto as of the date set forth below. Toll Brothers, Inc. and its Affiliates By: Rob Paul ~~~ N me: b Paul, Division President Date CITY OF COLLEYVILLE ZO L N me: Jennife F dden, City Manager Date CitylDeveloper Agreement for Toll Brothers Page 2